Guaranty Bank and Trust Company, a Colorado-based community bank and wholly-owned subsidiary of Guaranty Bancorp, is starting to offer its customers IronKey Trusted Access, a secure browser that helps prevent identity theft, payments fraud and online banking account takeover
With Trusted Access, Guaranty Bank protects online business banking customers using secure browsing technology that helps to keep them safe even if their own PC is infected with financial malware.
According to the Anti-Phishing Working Group’s “Phishing Activity Trends Report, 2nd Half 2010,” 45% of all U.S. computers scanned in this period were infected with crimeware designed to collect information and steal users’ credentials. Furthermore, SpyEye Trojan crimeware, as an example, is detected by anti-virus software only 25.3% of the time according to SpyEye Tracker.
Guaranty Bank will deliver Trusted Access on a USB device. When inserted into a PC, it launches a secure, read-only Web browser that works to protect against malware hidden in the client’s computer. The browser opens on Guaranty Bank’s website and only works with the encrypted IronKey Trusted Network.
The IronKey Trusted Access method is one of the effective security controls recognized by the Federal Financial Institutions Examinations Council (FFIEC) in its new guidelines for stronger online security that go into effect starting January 2012. Trusted Access also meets NACHA and FBI recommendations for safe online banking by providing a dedicated, isolated and secure browser environment.